XML 32 R21.htm IDEA: XBRL DOCUMENT v3.25.1
Related Party Transactions
 3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
The Company has related party sales and purchases with the indirect majority stockholder and its other affiliates that occur in the regular course of business. Related party sales are included in revenues and were $4 million and $8 million for the three months ended March 31, 2025 and 2024, respectively. Related party purchases are included in cost of revenues and were immaterial for the three months ended March 31, 2025 and 2024. The receivables with the indirect majority stockholder and its other affiliates of $10 million and $19 million, respectively, and payables of $3 million and $4 million, respectively, as of March 31, 2025 and December 31, 2024, are included in accounts receivable, net and accounts payable in our Consolidated Balance Sheets. In addition, there was a related party balance in contract assets of $12 million at December 31, 2024.